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05-24-2022, 03:07 PM
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#4006
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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New low or a breakout or continue sideways ??
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05-24-2022, 05:03 PM
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#4007
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,541
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Like I said a few days ago...definitely heading back to 20d moving average...then see what transpires...
Or it could meander and wait for 20MA to come to it...lol
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05-24-2022, 05:18 PM
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#4008
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,739
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it looks to me, for now anyway, that the markets are tired of going down, the energy to the downside is running out of steam. its probably going to take some time to make a bigger break to the downside. this thing will not go down in a straight line!
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05-24-2022, 05:40 PM
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#4009
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,541
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No, it will definitely NOT.
It took 14 years to get to this point.
Down is always faster then up...but still...that's a lot of ground to cover...
That's why I also have said, this is going to take a while...and people 5-10 years out from retirement are NOT going to be happy.
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05-24-2022, 05:52 PM
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#4010
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,739
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CEO buys $1 million worth of Rivian
RIVN, last week. the stock then moved up 8% and then got a contract from Amazon for a major purchase deal.
this is a tough one! is the stock going to keep going, or is it done now! your guess is probably better than mine!
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05-25-2022, 01:30 AM
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#4011
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,739
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Robinhood
is down 70% since its initial public offering, yet billionaire investor Sam Bankman Fried has poured $624 million into this stock and now owns 7.6% of the company
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05-25-2022, 06:15 AM
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#4012
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,739
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are our world leaders smart?
Last edited by lamboguy; 05-25-2022 at 06:16 AM.
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05-25-2022, 07:55 AM
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#4013
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Tesla's prejudice????
Are we chop liver up here in the NORTH!!!!
I have a charging station down the block from me....
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05-25-2022, 07:59 AM
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#4014
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,739
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only just begun
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05-25-2022, 08:05 AM
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#4015
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,739
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Indian Point Nuclear Plant
certain US congressmen have have pushed to close down Indian Point Nuclear Plant in New York State, yet out the back door yesterday its been reported that they are buying stock in Energy Fuels Inc. ticker symbol UUUU.
the congressmen buying this stock sit on some Nuclear Energy committees in the Congress.
i would say this is a real good one to get into today and just hold it. i am going in it now.
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05-25-2022, 08:35 AM
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#4016
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Quote:
Originally Posted by lamboguy
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Still encouraging you to BUY
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05-25-2022, 01:27 PM
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#4017
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Registered User
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
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Bond market is going apeshit today.
IMO this is the place to be. Money is going to flow to bonds while the stock market sorts its shit out.
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05-25-2022, 02:09 PM
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#4018
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Quote:
Originally Posted by Rex Phinney
Bond market is going apeshit today.
IMO this is the place to be. Money is going to flow to bonds while the stock market sorts its shit out.
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Back in June 2021.....
I diversified my portfolio......
A percentage went into IGLB......
At this time its down 20.89 %
I doubt I'll ever recover it....
That bond ETF and the one that was with Emerging Markets was my 2 worse POS funds.....
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05-25-2022, 02:23 PM
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#4019
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,541
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Looks like S&P futures and the 20MA will meet somewhere around the 4000 mark...a perfect "natural" resistance level...look for it at a store near you
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05-25-2022, 02:40 PM
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#4020
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Registered User
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
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Quote:
Originally Posted by geroge.burns99
Back in June 2021.....
I diversified my portfolio......
A percentage went into IGLB......
At this time its down 20.89 %
I doubt I'll ever recover it....
That bond ETF and the one that was with Emerging Markets was my 2 worse POS funds.....
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Easy fix, buy more now. Probably not that particular fund though. Bond ETF's are not my favorite. CEF's are better IMO.
That was just a bad time to buy, the last few months have been the exact opposite.
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